Lunt Capital Management Inc. Grows Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lunt Capital Management Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,152 shares of the company’s stock after purchasing an additional 3,111 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 1.9% of Lunt Capital Management Inc.’s holdings, making the stock its 16th largest holding. Lunt Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,758,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Sandy Cove Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $222,000. Riversedge Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after buying an additional 7,883 shares during the period. Blue Trust Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after acquiring an additional 173 shares in the last quarter. Montis Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after acquiring an additional 21,202 shares during the last quarter. Finally, Captrust Financial Advisors grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock worth $23,455,000 after acquiring an additional 2,206 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8 %

Shares of RSP opened at $181.24 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The firm has a market capitalization of $60.70 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm’s fifty day simple moving average is $180.27 and its 200-day simple moving average is $177.13.

About Invesco S&P 500 Equal Weight ETF

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).